40
Map
117 Point RD
About This Property
Inside, the home is designed to celebrate its surroundings with an open floor plan, a true cook's kitchen featuring abundant cabinetry, and massive walls of glass that frame sweeping views stretching deep into Kendall County. The spacious primary suite serves as a personal sanctuary with a large walk-in closet and impressive ensuite, while the 2nd-floor balcony provides the perfect setting for stargazing or soaking in the serenity of the Texas Hill Country.
The exterior of the property is just as thoughtfully equipped, designed for those who love to be outdoors. A sparkling in-ground pool serves as the centerpiece of the outdoor spaces, offering a refreshing oasis that perfectly complements the rugged landscape. Nearby, a tranquil Japanese soaking tub offers a unique way to unwind while taking in the fresh air. The grounds also feature a massive detached two-car garage with plenty of extra room for storage or weekend hobbies, along with a dedicated RV pad for travelers. A detached pump house with a reservoir is already plumbed for a water softener, and a detached bunk house provides excellent flexible space; please note that the listed 3,394 square footage does not include this area, which offers an approximate 500-square-foot increase that the buyer should verify. With an elevated setting that drops from approximately 1,960 ft to 1,800 ft, this retreat delivers nature, durability, and income potential.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2026 | Listed by Compass RE Texas, LLC | $1,350,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 15, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 2, 2026 | Listed by Fredericksburg Realty | $1,499,999 | |
| Listed by Fredericksburg Realty | |||
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Perched at the end of the road with over 100 feet of dramatic topographical drop and expansive views stretching deep into Kendall County, this recently remodeled ICF (Insulated Concrete Form) home offers unmatched privacy, strength, and energy efficiency.
Currently operating as a high-performing short-term rental, this property presents an exceptional opportunity for a second home that can more than pay for itself. Whether you continue as a turnkey income-producing investment or enjoy it as a private retreat, the flexibility is undeniable.
Inside, the home features an open floor plan, cook’s kitchen, abundant cabinetry, and walls of glass designed to capture the sweeping Hill Country views. The spacious primary suite includes a large walk-in closet, and the second-floor balcony deck provides the perfect setting for stargazing and soaking in the serenity.
Additional highlights include:
• Huge detached 2-car garage with ample extra space for storage or hobbies
• RV pad
• Detached pump house with reservoir (plumbed for water softener, not currently in use)
• Japanese soaking tub
• A bunk house - square foot added
The elevated setting offers estimated elevation changes from approximately 1,960 feet down to 1,800 feet.
If you’re seeking privacy, nature, durability, and income potential - this Hill Country retreat delivers.
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| Feb 24, 2022 | No longer available | - | |
| No longer available | |||
| Dec 28, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017